Ontex : Ontex reports Q3 results which were a tad bit below estimates
>Slight miss on overall sales whereas Core Margins came in line with the market - Ontex Group reported a 2% miss on sales for Q3 which came at €536.2m, while being 2% lower than the median company compiled consensus (css) of €548.3m. On a like for like (lfl) basis, total sales were up 1% year-on-year (yoy). In Core markets (continued operations), Ontex realised a 2% miss on consensus (css: € 478.3m) and is 2.4% higher yoy than Q3 2023 (€ 456.9m) whereas like-for-like ...Ontex Group NV is a Belgium-based company, which operates in the manufacturing sector of industry. The Company is a producer of disposable personal hygiene solutions for babies, women and adults. It offers a range of such products as baby diapers, baby pants, baby wet wipes, pads, pantyliners, tampons, light incontinence products, pull-ups, belt diapers, all-in-one tape systems, shaped pads and underpards. Its products are distributed through retail partner brands, as well as under its own brands (canbebe, canped, Helen Harper, Moltex, Baby Charm) across several distribution channels, such as retail trade, care institutions and pharmacies. The Company is present in Europe, Northern Africa, Australia and Asia.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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